Google and watchmaker Fossil Group today announced a $40 million deal that sees the search giant taking ownership of a good portion on Fossil’s smartwatch technology.
The Fossil Group announced a pretty big transaction today — the sale of apparently secret smartwatch tech which the leading Wear OS device manufacturer still has under development.
Google is the buyer and is paying $40 million for certain intellectual property as well as for the acquisition of part of Fossil’s R&D team as part of the deal that’s expected to close this month. For its part, Fossil Group — which made today’s the announcement and has developed smartwatches across 14 owned and licensed brands — said the deal showcases both companies’ “shared investment in the wearables industry.”
Ever since Marty McFly put on those self-lacing trainers in Back to the Future Part II, we’ve been waiting for them to become a reality. Nike’s first attempt at such a sneaker in 2016 was the HyperAdapt 1.0, which laced automatically when you put your feet in. The 2019 Nike Adapt BB is the next generation.
These new kicks are intended for the feet of superstar NBA players, and as such have design characteristics you might expect from a basketball shoe. Read More
The Mobvoi TicWatch C2 and TicWatch Pro are both much-loved and feature-packed watches, and they offer excellent fitness tracking. Recently, Mobvoi has switched out Google Fit for TicHealth, but you can switch them back. Here’s how.
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